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Jan 1, 2013
01/13
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the fiscal cliff. but can it pass the house later this morning. plus: celebrations marred by violence. gunshots strike multiple revelers in francisco. and it's out with the old an with 2013.. security was tight as people packed times square to ring in the new y we've got some of the best celebrations around the wor. join us for cbs 5 eyewitness news this morning... beginng at 4:30. good morning. it's tuesday, january 1st, 20-13. happy n year! ,,,, >>> here's a look at the weather in some cities around the country. rain and snow in washington, 44 degrees. rain in atlanta, 56. occasional sun in st. louis, 26. partly sunny in denver, 30. partly sunny in seattle, 42 degrees. >>> top stories now on tuesday. the senate averted the fiscal cliff passing a bill early this morning. now president obama is calling on the house to pass it without delay. the deal avoids tax hikes and spending cuts that were to go into effect at midnight. >>> secretary of state hillary clinton is spending a second night in a new york hospital. she's being treated for a blood clo
the fiscal cliff. but can it pass the house later this morning. plus: celebrations marred by violence. gunshots strike multiple revelers in francisco. and it's out with the old an with 2013.. security was tight as people packed times square to ring in the new y we've got some of the best celebrations around the wor. join us for cbs 5 eyewitness news this morning... beginng at 4:30. good morning. it's tuesday, january 1st, 20-13. happy n year! ,,,, >>> here's a look at the weather in...
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Dec 29, 2012
12/12
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the so-called fiscal cliff. senate democratic and republican leaders are working on a package now that could be voted on monday. any plan, however, must be approved by the republican-run house. >>> a man and a boy were fishing on a marine headlands beach when a wave swept them out to sea yesterday evening. rescue crews recovered their bodies in the frigid water near the golden gate bridge. no word on the relationship between those two victims. >>> high school party got out of hand, forcing an evacuation at the intercontinental hotel in san francisco last night. police say a fight broke out during the event which led to somebody spraying pepper spray. dpefts were then evacuated but let back in gsh guests were evacuated but then let back in shortly after that evacuation. >>> time for a last look at the weather. that's a positive story today. >> it is, yes. things look to be improving in that department at reeft. we're going to go out one last time and look at the doppler, perched at the highest point in sonoma cou
the so-called fiscal cliff. senate democratic and republican leaders are working on a package now that could be voted on monday. any plan, however, must be approved by the republican-run house. >>> a man and a boy were fishing on a marine headlands beach when a wave swept them out to sea yesterday evening. rescue crews recovered their bodies in the frigid water near the golden gate bridge. no word on the relationship between those two victims. >>> high school party got out of...
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Dec 31, 2012
12/12
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. >> marlie hall in new york this morning. >>> also today is the final day of fiscal cliff negotiations. hope of reaching a wide-ranging deal in automatic spending increases and tax cuts is all but gone. spending would be reduced and cuts would be felt in all areas of the government. economies have warned that going over the cliff would cause a spike in unemployment and trigger another recession. this morning the senate reconvenes with the aim of reaching a smaller deal, one that might spare millions of americans from paying her taxes. danielle nottingham reporting now from washington. >> lawmakers are still working on it. >> i want everyo one to know i' willing to get this done but i need dance partner. >> the main sticking point between democrats and republicans continues to be over the threshold of tax increases. president obama campaigned on raising taxes on income over $250,000 while many congressional republicans have pushed back against any tax increases. president obama is placing the blame for the impasse on the gop. >> they say that their biggest priority is making sure that w
. >> marlie hall in new york this morning. >>> also today is the final day of fiscal cliff negotiations. hope of reaching a wide-ranging deal in automatic spending increases and tax cuts is all but gone. spending would be reduced and cuts would be felt in all areas of the government. economies have warned that going over the cliff would cause a spike in unemployment and trigger another recession. this morning the senate reconvenes with the aim of reaching a smaller deal, one that...
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Dec 25, 2012
12/12
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cliff stalema. join us for cbs 5 eyewitness news this morning... beginn, >>> here's a look at today's forecast in some cities across the country. waernds, pbs, -- washington, d.c., partly sunny, 48. atlanta, rain, 60s. st. louis, mostly cloudy, 38. denver, morning snow, 25. seattle, rain, 40. >>> shoppers hitting the stores after christmas could find some amazing bargains. experts say post-christmas sales will likely have steeper discounts than in the past. the uncertain economy led holiday shoppers to spend less than usual. so some stores could cut prices by as much as 80%. >>> in celebrations across spain this christmas after a jackpot-busting $3.3 billion lottery. as barry peterson reports, unlike lotteries in the united states, spain spreads the wealth. >> reporter: they won it in the lottery called el gordo. translation, "the fat one." numbers tumbled in machines that look a lot like some sort of imaginary rocket ship. [ cheers ] >> reporter: there was plenty of imagining by people in the audie
cliff stalema. join us for cbs 5 eyewitness news this morning... beginn, >>> here's a look at today's forecast in some cities across the country. waernds, pbs, -- washington, d.c., partly sunny, 48. atlanta, rain, 60s. st. louis, mostly cloudy, 38. denver, morning snow, 25. seattle, rain, 40. >>> shoppers hitting the stores after christmas could find some amazing bargains. experts say post-christmas sales will likely have steeper discounts than in the past. the uncertain...
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Dec 31, 2012
12/12
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thank you. >>> meanwhile the final day of fiscal cliff negotiations. hopes of reaching a wide-ranging deal to avoid automatic tax increases and spending cuts is all but gone. without a plan in place by midnight it will cost americans an additional $536 billion. spending would be reduced by $110 billion, and the cuts would be felt in all areas of the government. economists have warned that going over the cliff would cause a spike in unemployment and trigger another recession. this morning the senate reconvenes with the aim of reaching a smaller deal one that might spare millions of americans from paying higher taxes. danielle nottingham is in washington with the latest. dab yell, good morning to you. >> good morning, terrell, vice president joe biden is now in on negotiations. senate minority leader mitch mcconnell reached out to him sunday night after talks with democrats stalled. but with just hours go until this deadline there are still obstacles standing in the way of even a watered down agreement. lawmakers left the capitol sunday night without a d
thank you. >>> meanwhile the final day of fiscal cliff negotiations. hopes of reaching a wide-ranging deal to avoid automatic tax increases and spending cuts is all but gone. without a plan in place by midnight it will cost americans an additional $536 billion. spending would be reduced by $110 billion, and the cuts would be felt in all areas of the government. economists have warned that going over the cliff would cause a spike in unemployment and trigger another recession. this...
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Dec 29, 2012
12/12
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WJLA
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me the rope from under the seat. >>> fiscal cliff hanger. >> the hour for immediate action is here. it's now. >> t-minus three days until everyone's taxes go up. the politicians are in a mad scramble this morning. so, what are the odds of a deal to prevent disaster? >>> the price of fashion. are your skinny jeans a health risk? why doctors are warning of nerve damage, abdominal pain, heart burn, even blood clots. >>> is britney spears about to lose her job as a judge on a talent show? why simon cowell reportedly calls her toxic to the show's success. >>> and good morning, everyone. we've got a lot to get to this last week of 2012. can you believe this year is almost over? and of course, we're going to start the show with weather. take a look at snow falling overnight in illinois. the year ending with a one-two punch of nasty weather for much of the country. ginger zee will tell us how it will affect your travel plans. >> nothing makes ginger happier than a big winter storm. we'll talk to her in just a moment. >>> speaking of travel. this is exactly what you do not want to hear after
me the rope from under the seat. >>> fiscal cliff hanger. >> the hour for immediate action is here. it's now. >> t-minus three days until everyone's taxes go up. the politicians are in a mad scramble this morning. so, what are the odds of a deal to prevent disaster? >>> the price of fashion. are your skinny jeans a health risk? why doctors are warning of nerve damage, abdominal pain, heart burn, even blood clots. >>> is britney spears about to lose her job...
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Dec 30, 2012
12/12
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. >> good morning, everyone. we begin with that fiscal cliff hanger in washington, d.c. there are now just two days left until automatic tax hikes and severe budget cuts go into effect the. the president is urging them to reach a deal. senate leaders are working on a last-minute compromise. >>> a horrific accident in mississippi. six people including five children were killed when their suv plunged into a creek yesterday. the children were all related. police say four other adults including the parents of those children managed to escape. the vehicle that caused that accident is under investigation. >>> stunning video of a plane crash outside of moscow, russia, the passenger plane overshot the runway and slammed into a highway yesterday. amazing video for that. the eight members on board were killed. no passengers on the plane and no one on the highway was hurt. the cause of that crash is under investigation. >>> and finally, a celebration at the vatican. about 40,000 young pilgrims from all across europe attended an open air mass conducted by pope benedict. they cheered
. >> good morning, everyone. we begin with that fiscal cliff hanger in washington, d.c. there are now just two days left until automatic tax hikes and severe budget cuts go into effect the. the president is urging them to reach a deal. senate leaders are working on a last-minute compromise. >>> a horrific accident in mississippi. six people including five children were killed when their suv plunged into a creek yesterday. the children were all related. police say four other...
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Dec 30, 2012
12/12
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. >> much more on the fiscal cliff this morning on abc's "this week i charles shumer of new york and republican senator john kyle of arizona debate the last-minute efforts. that's coming up at 8:00 this morning on" this week "with george stephanopoulos on abc7. >>> coming up, an attempt to rescue a man that fell into icy water goes horribly wrong as several more people fall in trying to save him. we will tell you what happened next. >>> and the last-minute push is on to prepare for the new year's day tournament of roses parade. find out what this year's theme is. >> this shows thief sneaking up on a woman putting her in a head lock before stealing her i-phone. others crash a bmw into a store and run off with their lucrative stash. in new york city and l.a. i-phone thefts have spiked more than 30%. in washington d.c. they make up nearly 40% of all robberies. san francisco list say they have received some 1700 reports of stolen cell phones this year. >>> a sledding exhibition goes horribly wrong in the san gabriel mountains. the drama on a frozen upon in san bernardino county. it was c
. >> much more on the fiscal cliff this morning on abc's "this week i charles shumer of new york and republican senator john kyle of arizona debate the last-minute efforts. that's coming up at 8:00 this morning on" this week "with george stephanopoulos on abc7. >>> coming up, an attempt to rescue a man that fell into icy water goes horribly wrong as several more people fall in trying to save him. we will tell you what happened next. >>> and the last-minute...
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Dec 28, 2012
12/12
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meet with leaders tomorrow as the clock ticks towards the fiscal cliff. the president returned to washington, d.c. this morning. he was called to pass a scaled back agreement to keep taxes from going up. the senate went back into session today. leaders accused each other of standing in the way of a deal. >> you can't legislate with yourself. we have nobody to work with. compromise. >> republicans aren't about to write a blank check just because we find ourselves at the edge of the cliff. >> the house will convene on sunday. republicans already refused to take a vote on speaker of the house john speaker of the house john boehner's plan. with no deal in the works you are likely to see a smaller pay check. ktvu's consumer editor tom vacar joins us to detail what it will cost taxpayers. >> reporter: indeed, more than a cliff for some. >> reporter: for more and more americans, the fiscal cliff is being viewed as a failure of government. >> they are on vacation, doing whatever they are doing. they don't care. >> i just don't think they will ever come to an agre
meet with leaders tomorrow as the clock ticks towards the fiscal cliff. the president returned to washington, d.c. this morning. he was called to pass a scaled back agreement to keep taxes from going up. the senate went back into session today. leaders accused each other of standing in the way of a deal. >> you can't legislate with yourself. we have nobody to work with. compromise. >> republicans aren't about to write a blank check just because we find ourselves at the edge of the...
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Dec 29, 2012
12/12
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>> somebody told me. >> the fiscal cliff hanger in washington, d.c. is our lead item here. with just three days before the deadline. senators working on an 11th-hour deal to try to avoid middle-class tax hikes and deep spending cuts that go into effect at the first of the new year. president obama is pushing lawmakers on both sides of the aisle to reach an agreement. >>> and help may be on the way for victims of hurricane sandy. the senate approved a spending bill worth $60 billion. the measure heads to the house where some lawmakers are hesitating to approve the bill in the final days of the current session. >>> and in maine, the first same-sex couples are legally exchanging vows today. the new law legalizing same-sex marriage went into effect at midnight, 12:01 a.m. today. some ceremonies were held overnight. same-sex marriage became legal in maryland on tuesday. become legal on tuesday. >>> and finally, talk about living on the edge. in massachusetts, several homes on plum island are in danger of plunging into the atlantic ocean. thursday's storms and pounding waves are
>> somebody told me. >> the fiscal cliff hanger in washington, d.c. is our lead item here. with just three days before the deadline. senators working on an 11th-hour deal to try to avoid middle-class tax hikes and deep spending cuts that go into effect at the first of the new year. president obama is pushing lawmakers on both sides of the aisle to reach an agreement. >>> and help may be on the way for victims of hurricane sandy. the senate approved a spending bill worth $60...
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Dec 29, 2012
12/12
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tick tock, we're three days away from possibly going off the fiscal cliff. it's our focus this morning. if lawmakers fail to reach a deal, that would mean spending cuts and tax hikes for 88% of all american households on tuesday. look at the number from the tax policy center. these numbers are interesting. some of the poorest americans who make up to $20,000 a year will have to shell out about $412 more to the irs, and everyone earning more than $40,000 a year will be affected. if you make $40,000 to $64,000 a year, you'll pay almost $2,000 more a year, and if you make a little more between $64,000 to $108,000, that number jumps to $3,500. and anyone making more than $108,000, you'll have to give up more than $14,000. overall, the average american will pay more than $3,500 a year. the question needs to be asked here, will lawmakers be able to pull off a new deal before the new year? the managing director joins me now live from miami. you, dylan, were part of the bush administration a little more than a decade ago, which actually initiated this series of tax
tick tock, we're three days away from possibly going off the fiscal cliff. it's our focus this morning. if lawmakers fail to reach a deal, that would mean spending cuts and tax hikes for 88% of all american households on tuesday. look at the number from the tax policy center. these numbers are interesting. some of the poorest americans who make up to $20,000 a year will have to shell out about $412 more to the irs, and everyone earning more than $40,000 a year will be affected. if you make...
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we're waiting for the house of representatives to vote on a fiscal cliff deal that the senate passed early this morning. they have been in a conference meeting a little less than an hour. speaker boehner, majority leader eric cantor walking into that meeting. still waiting to hear how it is going. even before the meeting was called, cantor and other top republicans were saying they won't support the bill. the fate here is really uncertain. rich edson is live on capitol hill keeping track of this for us. rich, is there any word what specifically they're discussing in this meeting and whether or not they're making any progress? >> well, diane, the point here is whether or not to amend this bill, to change this bill or bring this bill, the proposal that passed the senate last evening up to the house floor to a vote. this is a decision that house republicans will have to make fairly soon here. they're getting pressure from a number of different folks, especially democrats who say, basically pressure them to hold a vote on it. >> we don't believe that compromise is a dirty word and unfort
we're waiting for the house of representatives to vote on a fiscal cliff deal that the senate passed early this morning. they have been in a conference meeting a little less than an hour. speaker boehner, majority leader eric cantor walking into that meeting. still waiting to hear how it is going. even before the meeting was called, cantor and other top republicans were saying they won't support the bill. the fate here is really uncertain. rich edson is live on capitol hill keeping track of...
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Jan 1, 2013
01/13
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senate approved a deal to avoid the fiscal cliff this morning. rene marsh is live with what will probably happen after the house reconvenes this morning. good morning, rene. >> reporter: good morning, tori. they should be on capitol hill about in 15 minutes. what we're learning this morning something all of the house republicans will meet to discuss this fiscal cliff package. it's now in their land. what will they do with it -- what will they do? could tomly kate things more -- could -- to complicate things more, eric canter has said they are not sure if they will vote on it today. we're just waiting to see what happens. let's talk about last night. vice president biden was on the hill. biden and senate republican leader, mitch mcconnell, they both worthed together very closely to work out -- worked together to work out this compromise. and we now know that individuals making more than 400,000 and families making more than $450,000 will see their taxes go up. and while those automatic spending cuts are delayed until the beep ginning of march, the
senate approved a deal to avoid the fiscal cliff this morning. rene marsh is live with what will probably happen after the house reconvenes this morning. good morning, rene. >> reporter: good morning, tori. they should be on capitol hill about in 15 minutes. what we're learning this morning something all of the house republicans will meet to discuss this fiscal cliff package. it's now in their land. what will they do with it -- what will they do? could tomly kate things more -- could --...
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Dec 28, 2012
12/12
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deal to avoid that fiscal cliff. president obama will be meeting with congressional leaders later today. danielle leigh joins us. >> that meeting in many ways a last opportunity for the president and congressional leaders to reach a deal and get something done before this year is over. if this meeting is unsuccessful it could seal this country's fate, as some developments yesterday. house members no longer on stand by. ready to come back sunday. to take a vote. when these tax cuts expire just about every worker is going to see their paycheck reduced. it's going to eliminate unemployment extensions and initiate spending cuts across the board. >> how will people see this in their paychecks and in their taxes? >> workers will feel it immediately in their paychecks. those paychecks will be reduced. those making 40,000, 50,000 are going to see 1700 less a year. it continues as the wages increase. so people are going to feel this in their pocketbooks. >> all right, danielle, thank you. >>> last night on the rachel maddow s
deal to avoid that fiscal cliff. president obama will be meeting with congressional leaders later today. danielle leigh joins us. >> that meeting in many ways a last opportunity for the president and congressional leaders to reach a deal and get something done before this year is over. if this meeting is unsuccessful it could seal this country's fate, as some developments yesterday. house members no longer on stand by. ready to come back sunday. to take a vote. when these tax cuts expire...
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Dec 27, 2012
12/12
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the top headline on politico this morning, fiscal cliff deal increasingly unlikely. jonathan, really? >> i think there's a lot of pessimism here in washington. you've got, as you pointed out, five days left. i think the real indicator here is that none of these parties are moving off their position. the senate democrats, the house republicans, the white house. there hasn't been any reason for folks to look at what's going on and say, oh, i see where a deal could be coming together. so what you've got is what's described in economic game theory is where everyone has decided on their strategy, looked at the strategies of the oar players and figuring that their optable strategy is to go over the cliff and pick up the pieces later. >> and basically fight for which party is going to get the most blame in the meantime, right? >> that's right. this is a finger-pointing exercise. everyone is sort of putting together their best case for why the other guy is at fault. you know, the possible exception here, drew, is if the senate can pass something, a scaled-back version of the
the top headline on politico this morning, fiscal cliff deal increasingly unlikely. jonathan, really? >> i think there's a lot of pessimism here in washington. you've got, as you pointed out, five days left. i think the real indicator here is that none of these parties are moving off their position. the senate democrats, the house republicans, the white house. there hasn't been any reason for folks to look at what's going on and say, oh, i see where a deal could be coming together. so...
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Dec 26, 2012
12/12
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south. >>> president obama cuts his christmas vacation short for the fiscal cliff. >>> and the longest high speed train. good morning. i'm richard lui. christmas was anything but merry for residents of the deep south. christmas packed a deadly punch. three residents are victims of the storm that hit four states as far south as texas. >> oh, wow, oh jr, look at that tornado. >> reporter: in mobile, alabama, a christmas surprise no one wished for right in this city center. it left lots of damage in its wa wake, blowing out first and second floor windows at the medical center and the roof at the high school. there are no deaths but tens of thousands are without electricity. it sent customers running for cover. >> he looked out the windows and said there is a tornado coming. i looked out, saw the debris flying around, got everybody and the customers an said, we need to run to the back and everybody huddle down. >> i probably hurt my baby grabbing her running for protection. there was no time. >> reporter: the twister was from a massive storm that stretched across the nation. earlier, a tor
south. >>> president obama cuts his christmas vacation short for the fiscal cliff. >>> and the longest high speed train. good morning. i'm richard lui. christmas was anything but merry for residents of the deep south. christmas packed a deadly punch. three residents are victims of the storm that hit four states as far south as texas. >> oh, wow, oh jr, look at that tornado. >> reporter: in mobile, alabama, a christmas surprise no one wished for right in this city...
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Dec 27, 2012
12/12
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cliff. 8president boarded air be arriving around 8:45 our time this morning. the president cut short his holiday vacation. democrats and republicansqló hae four days to reach a+%sxç deal before mandatory budget cuts and tax increases kick in on >>> netflix wants to get into the social networking game. >> new ceo of yahoo plans to make appearance at upcoming electronics show in las vegas. >>> goodÚç morning ellen. >>> good morning. the big consumer electronics of -- marissa mayer, a lot of hope she is expected to be there. she is an ing partiesanaÑ, one-on-one meetings trying -- trying to reestablish the sometimes rocky relationship that yahoo has had with 17 minutes into the trading session little change, we are seeing gains, for the dow, for the nasdaq as well as s&p. bloomberg index has been in the negative since we opened, a lot of wait and see about what is going to happen now that the president and congress are returning to washington today to deal with fukushima daiichi -- to deal with the fiscal omq= cliff issu. retailers are doing a better job of
cliff. 8president boarded air be arriving around 8:45 our time this morning. the president cut short his holiday vacation. democrats and republicansqló hae four days to reach a+%sxç deal before mandatory budget cuts and tax increases kick in on >>> netflix wants to get into the social networking game. >> new ceo of yahoo plans to make appearance at upcoming electronics show in las vegas. >>> goodÚç morning ellen. >>> good morning. the big consumer...
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Dec 28, 2012
12/12
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update on washington's fiscal cliff negotiations. we'll hear from republican senator bob corker, plus the damaging economic strikes looming at more than a dozen of our nation's forts. >>> a guy getting fit will sit with the best-selling authors of "fit" this year. that's the "cbs morning news" for this friday. thanks for watching. i'm duarte geraldino. have a great day. -- captions by vitac -- www.vitac.com >> your realtime captioner: linda marie macdonald >>> hi, everyone. good morning. it's our last friday of 2012! december 28th. i'm frank mallicoat. >> i'm michelle griego. time now is just about 4:30. let's start things off with a look at weather and traffic. i feel like i'm losing my voice. >> oh, no. >> i know. >> are you really? >> a little bit. >> you have so many visitors in town. >> i know! >> the entire state of colorado stayed at your house! >> you will have the weekend to rest your voice. >>> in the weather, we are getting a check of our high-def doppler radar. and it's quiet for now. but we are anticipating some big chan
update on washington's fiscal cliff negotiations. we'll hear from republican senator bob corker, plus the damaging economic strikes looming at more than a dozen of our nation's forts. >>> a guy getting fit will sit with the best-selling authors of "fit" this year. that's the "cbs morning news" for this friday. thanks for watching. i'm duarte geraldino. have a great day. -- captions by vitac -- www.vitac.com >> your realtime captioner: linda marie macdonald...
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Dec 30, 2012
12/12
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WRC
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avoid the fiscal cliff. president obama spoke exclusively to nbc's david gregory. we are going to get a preview of what he has to say just ahead. >> it has been just two weeks since the tragedy of sandy hook elementary in connecticut. a teenager in california wrote a poem to express her feelings saying she understood how it could happen and it got her suspended from school. we'll get her reaction coming up >>> we'll also hear from the 29-year-old surfer that used his fists and his board to save his life when a shark kept coming at him again and again. >> scary story. >>> later on, we'll switch gears and look back at the year in pop culture, from the rise of honey boo boo to the unlikely bop lairity of that catchy tune, gang ham style. >> slightly popular, wasn't it? >>> we begin with the race in washington to fist fiscal cliff deadline including a preview of david gr david gregory's exclusive interview. we begin with kristen welker. >> the house is back in session and they could announce a deal as early as t
avoid the fiscal cliff. president obama spoke exclusively to nbc's david gregory. we are going to get a preview of what he has to say just ahead. >> it has been just two weeks since the tragedy of sandy hook elementary in connecticut. a teenager in california wrote a poem to express her feelings saying she understood how it could happen and it got her suspended from school. we'll get her reaction coming up >>> we'll also hear from the 29-year-old surfer that used his fists and...
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Jan 1, 2013
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the white house and congressional leaders reaching a deal that would avoid the fiscal cliff just ahead of the new year deadline. >> the senate passed it it now goes to the house and doug mcelway is in washington, d.c. to break it all down for us. good morning again, doug. >> this margin of victory was a surprise to many it passed overwhelmi overwhelmingly 89 to 8 in the senate. shortly after the vote was taken the leaders took to the floor to describe a flawed bill. one that was the best we could achieve in such a polarized political atmosphere. >> middle class families will wake up today to the assurance their taxes won't go up $2,200 each. they have a plan how they played for groceries car payments all during next year. >>> it is time to get serious about reducing washington's out of control spending. that's the debate american people want it's a debate we will have next it is a debate republicans will be ready for. >> they do little for a bigger victory against democrats. i am willing to do it but tonight's agreement ensures that going forward we will continue to reduce the deficit
the white house and congressional leaders reaching a deal that would avoid the fiscal cliff just ahead of the new year deadline. >> the senate passed it it now goes to the house and doug mcelway is in washington, d.c. to break it all down for us. good morning again, doug. >> this margin of victory was a surprise to many it passed overwhelmi overwhelmingly 89 to 8 in the senate. shortly after the vote was taken the leaders took to the floor to describe a flawed bill. one that was the...
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Dec 27, 2012
12/12
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. >>> we will get to the fiscal cliff. five days away from the tax hike. as you probably know, the president pulled the plug on his holiday trip to hawaii and arrived back in washington after 11:00 this morning in hopes of locking in taxes as they are right now for all but the wealgyest 2 percewealgy e wealthiest 2%. the house is telling us no, that is not the case. i got jessica yellen standing by and we have dana barb who is standing by and they are there on capitol hill. what is the mix up between sending a plan and not sending a plan by the president? >> hi, john. the bottom line is both sides want to take action and before senat senator mcconnell decides whether to filibuster the measure and whether the other republicans in the party will filibuster, they have to see the details in the proposal. will there be an estate tax provision? how will unemployment which is expected to be extended? will it be paid for? what spending measures will be in this and spending cuts, etc. there will be more details spelled out and where will that come from? will it com
. >>> we will get to the fiscal cliff. five days away from the tax hike. as you probably know, the president pulled the plug on his holiday trip to hawaii and arrived back in washington after 11:00 this morning in hopes of locking in taxes as they are right now for all but the wealgyest 2 percewealgy e wealthiest 2%. the house is telling us no, that is not the case. i got jessica yellen standing by and we have dana barb who is standing by and they are there on capitol hill. what is the...
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Dec 28, 2012
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could cross over that fiscal cliff and just in case washington doesn't make a deal, we're getting you ready. every day this week, we've been taking a look at how it will affect you and your pocketbook and today we're focusing on those of you getting close to retirement. ryan mack, president of optimum capital management joins me via skype from detroit. good to have you back. >> thank you for having me. >> let's start with the basics, talking about retirement and sometimes when you get all deep in the weeds it's difficult for people to stay with you, so let's talk about the retirement accounts and what we should take into consideration. >> all right, well essentially the worst question, the hardest question we could take is when someone's 55 and they say ryan, i've lost all of my money in the markets. what am i supposed to do? essential will i that means they were not allocated appropriately, essentially there are three stages to any investment or life cycle, at cuthe accumulation, ready to take on risk, just graduated age, the conservation, got a lot of years, still have the ability t
could cross over that fiscal cliff and just in case washington doesn't make a deal, we're getting you ready. every day this week, we've been taking a look at how it will affect you and your pocketbook and today we're focusing on those of you getting close to retirement. ryan mack, president of optimum capital management joins me via skype from detroit. good to have you back. >> thank you for having me. >> let's start with the basics, talking about retirement and sometimes when you...
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Jan 1, 2013
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technically we did go over the fiscal cliff at midnight this morning. but that is likely to be temporary if the house votes in favor of that bill later today. the senate as you mentioned voted overwhelmingly around 2:00 in the morning by a vote of 89-8. almost all democrats and republicans voting yes on a deal that would make permanent the bush era tax cuts for people earning up to $400,000 a year and couples earning up to $450,000 a year. this was a deal that was worked out by vice president biden and senate leaders. the house speaker hasn't said that the house will definitely vote in favor of it today, but democrats at least are saying they expect almost all of their members to vote yes. terrell? >> nancy cordes on capitol hill, nancy, thank you so much. >>> secretary of state hillary clinton spent new year's eve in the hospital being treated for a blood clot in her skull. margaret brennan is outside new york-presbyterian hospital. good morning to you. >> reporter: good morning, terrell. secretary clinton is still being treated for that blood clot tha
technically we did go over the fiscal cliff at midnight this morning. but that is likely to be temporary if the house votes in favor of that bill later today. the senate as you mentioned voted overwhelmingly around 2:00 in the morning by a vote of 89-8. almost all democrats and republicans voting yes on a deal that would make permanent the bush era tax cuts for people earning up to $400,000 a year and couples earning up to $450,000 a year. this was a deal that was worked out by vice president...
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Dec 27, 2012
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harry reid is expected to speak at any time now about the fiscal cliff. reid and fellow senators are under intense scrutiny after john boehner said the senate must act first on proposals already passed his bihis chamber. we'll bring you his remark when is they happen. >>> the other top story growing outrage over a decision to publish a map with names and addressed of people who have gun permits. the map was created with publicly-available information. it pinpoints the location of licensed permit holders for handguns. we reached out for the paper and they sent us this back. "the mass kwer in newtown, connecticut, remains atop our minds. readers are keenly interested to know about who owns guns in their neighborhood." brian todd joins me now. you talked to gun owners about this issue. what did they say? >> there's a lot of fallout over this map. when you work this map on the interpret, all you have to do is click on the dots and the name and address of the permit holder pops up there. we went to a gun store in virginia. the manager did not want the store id
harry reid is expected to speak at any time now about the fiscal cliff. reid and fellow senators are under intense scrutiny after john boehner said the senate must act first on proposals already passed his bihis chamber. we'll bring you his remark when is they happen. >>> the other top story growing outrage over a decision to publish a map with names and addressed of people who have gun permits. the map was created with publicly-available information. it pinpoints the location of...
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Dec 26, 2012
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to try to head off the physical -- the fiscal cliff. you know what i'm saying. the president and first lady michelle obama visited marines and thanked them for their service. >> the greatest honor i have as president is being commander in chief and the reason it's an honor is because not only do we have the finest military in the world but we also have the finest fighting men and women in the world. >> mrs. obama and the girls won't cut short their vacation. they're staying on in hawaii. >>> former braves great andruw jones free on a bond in atlanta on a battery charge. there was a domestic dispute between he and his wife. the center fielder played with the new york yankees last year and recently signed with a team in japan. >>> the city of los angeles is holding its annual gun buyback today, several months ahead of schedule. the buyback program allows anyone to bring in guns and rifles in exchange for gift cards. the event is usually held in may but was changed to today in response to the connecticut school shootings nearly two weeks ago. we'll talk about that
to try to head off the physical -- the fiscal cliff. you know what i'm saying. the president and first lady michelle obama visited marines and thanked them for their service. >> the greatest honor i have as president is being commander in chief and the reason it's an honor is because not only do we have the finest military in the world but we also have the finest fighting men and women in the world. >> mrs. obama and the girls won't cut short their vacation. they're staying on in...
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Dec 26, 2012
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good >>> good morning, the fiscal cliff countdown clock is ticking. president obama and lawmaker will return to washington in hopes of inking a last-minute deal.
good >>> good morning, the fiscal cliff countdown clock is ticking. president obama and lawmaker will return to washington in hopes of inking a last-minute deal.
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Dec 26, 2012
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, going off the fiscal cliff was a bungee jump. we go over and the markets collapse. it's amazing that's what we have to get to. >> here's what we know. washington only reacts when there is a crisis. jackie is right. the staff is working behind the scenes to get something done. there is no question about it, the president and congressional democrats have the upper hand and speaker baner is weakened by this. he only wants the plan b vote. he was only 20 votes short. those were folks that from an ideological standpoint are against raising any taxes whatsoever. it's less than a week and a half or so, a more mod ralt congress and they hope that the new folks that are coming into the congress will be a little bit more moderate and the process maybe will put something over the top. >> you have seen the stories about the death of the tea party and they don't have it as important as they did. >> they are very vocal. >> they are important when you have a system of government in the house where you have to pass things. the majority itself. t
, going off the fiscal cliff was a bungee jump. we go over and the markets collapse. it's amazing that's what we have to get to. >> here's what we know. washington only reacts when there is a crisis. jackie is right. the staff is working behind the scenes to get something done. there is no question about it, the president and congressional democrats have the upper hand and speaker baner is weakened by this. he only wants the plan b vote. he was only 20 votes short. those were folks that...
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Dec 29, 2012
12/12
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to cobble together a last-minute plan to avoid the fiscal cliff. president obama saying he is modestly optimistic that they can come up with a plan in time. on friday, president obama met with the four top congressional leaders here at the white house for about an hour. sources close to those talks say that the president gave lawmakers two options, either come up with a plan that can make it through both chambers or put his proposal up for a vote. under the president's plan, the bush-era tax cuts would be extended for those making $250,000 or less with rates allowed to raise on top income earners. it would also extend unemployment insurance benefits. president obama saying the time for action is now. >> the american people are not going to have any patience for a politically self-inflicted wound. ordinary folks, they do their jobs. they meet deadlines. they sit down, and they discuss things and then things happen. if there are disagreements, they sort through the disagreements. the notion that our elected leadership can't do the same thing is mind-
to cobble together a last-minute plan to avoid the fiscal cliff. president obama saying he is modestly optimistic that they can come up with a plan in time. on friday, president obama met with the four top congressional leaders here at the white house for about an hour. sources close to those talks say that the president gave lawmakers two options, either come up with a plan that can make it through both chambers or put his proposal up for a vote. under the president's plan, the bush-era tax...
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Dec 28, 2012
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trying to bring both sides together at the white house today to try to reach a deal on the fiscal cliff. in the meantime, harry reid refers to john boehner's leadership as a dictatorship. not helpful. >>> but first, to your top stories this morning -- retired general norman schwarzkopf died thursday at his home in tampa, florida, he's credited with devising the plan that drove saddam hussein's forces out of kuwait in 1991. known as stormin' norman for his strong personality. >>> the general said that he did agree with president george h.w. bush's decision not to follow saddam's decision into baghdad. >> ladies and gentlemen, when we here, we were 150 miles away from baghdad and there's nobody between us and bagsd. if our intention to take iraq, to destroy the country, if it had been our intention to overrun the country, we could have done it unopposed from this position at that time. >> schwarzkopf was honored for his service with the medal of freedom. queen elizabeth even awarded him with a knight hood. >>> former president george h.w. bush praised his leadership yesterday. general sch
trying to bring both sides together at the white house today to try to reach a deal on the fiscal cliff. in the meantime, harry reid refers to john boehner's leadership as a dictatorship. not helpful. >>> but first, to your top stories this morning -- retired general norman schwarzkopf died thursday at his home in tampa, florida, he's credited with devising the plan that drove saddam hussein's forces out of kuwait in 1991. known as stormin' norman for his strong personality....
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Dec 24, 2012
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still no deal to avert the fiscal cliff.
still no deal to avert the fiscal cliff.
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Dec 26, 2012
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president obama brings his christmas vacation short as the clock ticks down on the fiscal cliff. >>> and why are movies so long? >>> a look at the world's longest high speed train. good morning to you. i'm richard lui. christmas was anything but merry for residents of the deep south, where a winter storm packed a dangerous deadly punch. at least three deaths are being blamed on a severe weather system that spawned tornadoes in four states and dumped snow as far south as texas. the latest from alabama. >> reporter: oh, wow. oh, jesus, look at that tornado. >> reporter: in mobile, alabama, a christmas surprise no one wished for. a tornado caught on video as it touched down right this city center. emergency management officials say the twister left lots of damage in its wake blowing out first and second floor windows at the mobile infirmary medical center and the roof at the high school. so far no injuries or death, but wit trees and power lines down tens of thousands are without electricity. one store sent customers scrambling for cover. >> one customer looked out the window and said t
president obama brings his christmas vacation short as the clock ticks down on the fiscal cliff. >>> and why are movies so long? >>> a look at the world's longest high speed train. good morning to you. i'm richard lui. christmas was anything but merry for residents of the deep south, where a winter storm packed a dangerous deadly punch. at least three deaths are being blamed on a severe weather system that spawned tornadoes in four states and dumped snow as far south as texas....
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Dec 28, 2012
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goes over the fiscal cliff next week. the impact will be felt in many other ways as well. with us is market watch reporter kelli grant. >> also a very good base jumper. >> yes i'm looking forward to that clip. >> your video is on youtube somewhere, everyone can look it up. kelli we've seen consumer confidence decline and businesses not hire as a result of the uncertainty around the fiscal cliff, but there's another impact here and people could even see it on their dinner plate. >> definitely. we're seeing a lot of consumer impact from this, just because of the large budget cuts expected to go through, if we do in fact go off the cliff and of course, there's a lot of variation here it's up to each individual agency to decide how it's going to cut but when we talk to people in the industry they just have a lot of the worst case scenarios almost that could come to play that really do affect consumers. >> there's the farm bill on the edge here as well which could significantly impact milk prices. they're talking about the pot
goes over the fiscal cliff next week. the impact will be felt in many other ways as well. with us is market watch reporter kelli grant. >> also a very good base jumper. >> yes i'm looking forward to that clip. >> your video is on youtube somewhere, everyone can look it up. kelli we've seen consumer confidence decline and businesses not hire as a result of the uncertainty around the fiscal cliff, but there's another impact here and people could even see it on their dinner...
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talks underway this morning. the clock is ticking what farmers are calling the dairy fiscal cliff. patti ann. patti ann: aptly named. dominic di-natale live in l.a. for us. thanks. gregg: the deadly winter weather is far from over. new warnings of another powerful system heading our way. the already storm-pummeled northeast really hurting. >> new concerns about what if any progress is being made on those fiscal cliff talks. south carolina republican nick mulvaney is on the house budget committee and he joins us live, next. let's give thanks - for an idea. a grand idea called america. the idea that if you work hard, if you have a dream, if you work with your neighbors... you can do most anything. this led to other ideas like lerty and rock 'n' roll. to free markets, free enterprise, and free refills. it put a man on the moon and a phone in your pocket. our country's gone through a lot over the centuries and a half. but this idea isn't fragile. when times get tough, it rallies us as one. every day, more people believe in the american idea and when they do, the dream comes true. we're
talks underway this morning. the clock is ticking what farmers are calling the dairy fiscal cliff. patti ann. patti ann: aptly named. dominic di-natale live in l.a. for us. thanks. gregg: the deadly winter weather is far from over. new warnings of another powerful system heading our way. the already storm-pummeled northeast really hurting. >> new concerns about what if any progress is being made on those fiscal cliff talks. south carolina republican nick mulvaney is on the house budget...
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Dec 27, 2012
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fiscal cliff. we're now just five days away from going over the fiscal cliff. happy new year. here's what you might have missed. president obama left hawaii early to get back to washington today. the senate is also coming back from christmas vacation today to work on a deal. now, sources tell us majority leader harry reid will push a scaled-back version of the fiscal cliff package that president obama laid out on friday, which moved the tax hike needle to $400,000. no word yet on when the house of representatives might come back, but democrats say the only hope we have of something getting through the house, the senate and the white house may be a very last-minute deal. cnn radio's lisa is following developments on capitol hill right now. the ball is in senate majority leader harry reid's court it would seem right now, lisa. >> that's right. harry reid and the senate seem to be the only game in town right now with the senate returning today. we also know from sources, ali, that over this christmas
fiscal cliff. we're now just five days away from going over the fiscal cliff. happy new year. here's what you might have missed. president obama left hawaii early to get back to washington today. the senate is also coming back from christmas vacation today to work on a deal. now, sources tell us majority leader harry reid will push a scaled-back version of the fiscal cliff package that president obama laid out on friday, which moved the tax hike needle to $400,000. no word yet on when the house...
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Dec 27, 2012
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hopes for legislation to avoid the fiscal cliff now turns to the senate, but white house and republicans remain far apart. senators and staffers will be filling these empty hallways today trying to work out a deal to avoid the fiscal cliff. higher taxes will give the average american about $1,500 less to spend next year, and economists believe the $110 billion spending cuts will result in more layoffs. senator harry reid has a plan to keep taxes low for everyone making less than $250,000 a year as well as short-term spending cuts until a bigger deal can be reached. >> it is going to be a patch because in four days we can't solve everything. >> while senators try to brave the bad weather in many parts of the country in order to make it back here to washington, house leaders say they will not leave home unless the senate passes its bill first. house republicans scuttled a proposal from speaker john boehner last week, and 48% of americans say they are to blame if no deal is reached. >> both sides here have a problem with the american people, and it's why congress has an 11% job approval rat
hopes for legislation to avoid the fiscal cliff now turns to the senate, but white house and republicans remain far apart. senators and staffers will be filling these empty hallways today trying to work out a deal to avoid the fiscal cliff. higher taxes will give the average american about $1,500 less to spend next year, and economists believe the $110 billion spending cuts will result in more layoffs. senator harry reid has a plan to keep taxes low for everyone making less than $250,000 a year...
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Dec 28, 2012
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the fiscal cliff is still a few days away, but business owner don carlino says he's already feeling the impact. >> a lot of our customers are holding back, they're apprehensive. they're not committing to projects. they're waiting to see what happens with the fiscal cliff. >> hope is fact if congress can get it done before january 1st. even congressional leaders are skeptical. >> the american people have a right to be very upset with this congress. >> president obama has invited nancy pelosi, john boehner, mitch mcconnell, and harry reid to the white house this afternoon for a fiscal cliff summit. >> here we are five days from the new year, and we might finally start talking. >> today's white house meeting might be the last chance to come to an agreement. that's because it takes time for a bill to work its way through both chamber of commerce. >> i don't know time wise how it can happen now. >> under senate rules, the only way a bill could make its way through the procedural hurdles in time is if every senator agrees not to. they'll have 24 hours. outside the beltway, carlino will be wat
the fiscal cliff is still a few days away, but business owner don carlino says he's already feeling the impact. >> a lot of our customers are holding back, they're apprehensive. they're not committing to projects. they're waiting to see what happens with the fiscal cliff. >> hope is fact if congress can get it done before january 1st. even congressional leaders are skeptical. >> the american people have a right to be very upset with this congress. >> president obama has...
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not just the fiscal cliff. dairy farms have issues, wind farms facing cliffs of their own. brings us to this morning's squawk on the tweet. our question is this. in addition to the fiscal, milk, and wind farm cliffs what other cliffs are you worried about? >> cliffs with soft edges, slippery slopes, narrow winding trails and no watering holes. sounds terrible. mark writes the twinkie cliff. oh, wait that already happened. one of the big business stories of 2012. gregory writes the ones in the andes mountains in peru where i trek every june. a lot to worry about as we go into the new year. want to touch on some movers in today's session. check out hp confirming the justice department is looking into allegations that autonomy engaged in some questionable accounting practices before hp acquired it last year. this was huge news
not just the fiscal cliff. dairy farms have issues, wind farms facing cliffs of their own. brings us to this morning's squawk on the tweet. our question is this. in addition to the fiscal, milk, and wind farm cliffs what other cliffs are you worried about? >> cliffs with soft edges, slippery slopes, narrow winding trails and no watering holes. sounds terrible. mark writes the twinkie cliff. oh, wait that already happened. one of the big business stories of 2012. gregory writes the ones in...
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Dec 31, 2012
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with just hours yet to go, congress has yet to reach a deal on the fiscal cliff. the senate does reconvene at 11:00 a.m. this morn, monday. i'm veronica delacruz, let's get you back to the program. >>> take a ride on any prostitution track in any big city in america and you'll see waves of young women trading their bodies for quick cash. but what you don't see is the pain and despair burning inside many of these girls who are often coping with the fallout from child sexual abuse. >> i was sexually abused four times by the time i was 10. >> like many of the women and young girls forced to strip or perform sex acts for money, raleigh was a good kid whose innocent childhood was suddenly cut short by sexual abuse. >> if it's continuously happening to you like it was to me, you start to feel like what are you good for, what are you here for? i sometimes used to ask myself in the mirror, why am i here? >> she started ditching school. her grades sunk. >> raleigh's mother, jean, reached her wit's end as she watched her daughter's young life go off the rails in high school
with just hours yet to go, congress has yet to reach a deal on the fiscal cliff. the senate does reconvene at 11:00 a.m. this morn, monday. i'm veronica delacruz, let's get you back to the program. >>> take a ride on any prostitution track in any big city in america and you'll see waves of young women trading their bodies for quick cash. but what you don't see is the pain and despair burning inside many of these girls who are often coping with the fallout from child sexual abuse....
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we are off to a cooler start this morning, 30s inland, on this bay shore,0s inland, on san francisco in the low to mid 40s. sprinkles noon light rain at the coast more of us with will have light rain by 4:00, temperatures struggling to reach 50, by 7:00, all of us dealing with light rain this friday evening going to be cool, low to mid 40s. >>> 6:15. secretary of state clinton is going back to work next week, according to her spokesman. clinton has been recovering from a concussion she suffered while fainting while fighting a stomach virus she was out for three weeks. she has promised to testify next month before congressional committees on the attack in libya. >> j president obama will meet with leaders from capitol hill today, hoping to avoid the fiscal cliff, combination of spending cuts and tax hikes with will go into effect unless lawmakers can broker a deal before the end of the year. will meet with congressional white house. it may be too late for a deal. there are just four days left before the fiscal cliff deadline. jive to be very honest mr. president, -- >> i have to be ve
we are off to a cooler start this morning, 30s inland, on this bay shore,0s inland, on san francisco in the low to mid 40s. sprinkles noon light rain at the coast more of us with will have light rain by 4:00, temperatures struggling to reach 50, by 7:00, all of us dealing with light rain this friday evening going to be cool, low to mid 40s. >>> 6:15. secretary of state clinton is going back to work next week, according to her spokesman. clinton has been recovering from a concussion she...
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Dec 31, 2012
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the fiscal cliff almost here, but the effects are very real and starting already. >>> good morning. welcome to "early start." i'm ali velshi. >> i'm christine romans. >> and i'm dr. sanjay gupta. >> good morning. hilary clinton has been admitted to the hospital for a blood clot, it is believed to be related to a concussion she suffered earlier this month. she will be hospitalized for 48 hours for hospitalization. she had just been cleared to return to work. what's going on here? jill daugherty has been following developments for us. live in the washington bureau. we're hearing 48 hours and seem to be saying it's not that serious. what are you hearing from the doctors? >> well, at this point, it's not really that clear. in fact, there was a statement coming out of the state department from phillip ryans, indicating the lack of clarity about this. he said her doctors will continue to assess her condition, including other issues associated with her concussion. they will determine if any further action is required." now, those other issues associated with her concussion, that's not clea
the fiscal cliff almost here, but the effects are very real and starting already. >>> good morning. welcome to "early start." i'm ali velshi. >> i'm christine romans. >> and i'm dr. sanjay gupta. >> good morning. hilary clinton has been admitted to the hospital for a blood clot, it is believed to be related to a concussion she suffered earlier this month. she will be hospitalized for 48 hours for hospitalization. she had just been cleared to return to work....
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he's flying back to washington tonight as the clock ticks toward the fiscal cliff. nancy cordes is with the president in honolulu. nancy? >> reporter: jim, the president is trading the sand for snowy washington. he'll be back in the nation's capital by mid-morning tomorrow, and most of the u.s. senate will be attempting to get back there by then, as well. but house leaders have not given their members the signal to return to washington and say they won't until the u.s. senate passes a bill to avert the fiscal cliff. as the president wrapped up his vacation, federal workers trickled back into the nation's capital. but the only people who can avert the fiscal cliff, members of the house and senate, have not returned, and, in just six days, a 2% payroll tax is set to expire, along with the bush era tax cuts, shrinking the average workers' paycheck in 2013 by about $1,500. long-term unemployment benefits for about two million jobless americans are also set to expire, and $110 billion worth of spending cuts to both domestic and defense programs will start to kick in, for
he's flying back to washington tonight as the clock ticks toward the fiscal cliff. nancy cordes is with the president in honolulu. nancy? >> reporter: jim, the president is trading the sand for snowy washington. he'll be back in the nation's capital by mid-morning tomorrow, and most of the u.s. senate will be attempting to get back there by then, as well. but house leaders have not given their members the signal to return to washington and say they won't until the u.s. senate passes a...
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wrench in the fiscal cliff talks, announcing that the u.s. will reach its budget cliff by monday. we'll discuss that on "morning joe." and when we come back, we'll hudding around the water cooler, where it gets awkward in an interview between the obamas and barbara walters. that's next when "way too early" comes right back. ♪ >>> okay, enough with the real news, let's gather around the water cooler to watch barbara walters try to pull back the curtain on life at the white house. the 83-year-old journalist sat down to interview president obama and the first lady, assuming we've all heard plenty about the fiscal cliff, walters wasted little time pivoting to more intimate territory. >> when you look at this picture, what do you think? at what point was it taken? >> i think we were campaigning in iowa. >> so, why were you hugging so hard in iowa? >> because i love my wife. >> well, and also, i hadn't seen him in a while. i mean, you know, when you're campaigning, we're two ships passing in the night, and the first time i saw him was when i walk
wrench in the fiscal cliff talks, announcing that the u.s. will reach its budget cliff by monday. we'll discuss that on "morning joe." and when we come back, we'll hudding around the water cooler, where it gets awkward in an interview between the obamas and barbara walters. that's next when "way too early" comes right back. ♪ >>> okay, enough with the real news, let's gather around the water cooler to watch barbara walters try to pull back the curtain on life at...
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. >> good morning, and happy new year. we begin with breaking news on the fiscal cliff. the senate approved the last-minute deal overnight, barely missing the deadline. the house could vote on it today. nancy cordes is on capitol hill with more this morning. nancy, good morning to you. >> reporter: good morning to you, terrell. happy new year. well there is one major hurdle left for this fiscal cliff deal that, is a vote later today in the house of representatives, perhaps as early as 1:00 in the afternoon. the senate voted well after the ball dropped in the early hours of the morning, passed overwhelmingly with lots of support from both sides. the final tally was 89-8. >> shouldn't have taken us this long to come to an agreement and this shouldn't be the model for how we do things around here but i appreciate the vice president's willingness to get this done for the country. >> reporter: vice president biden negotiated the deal with senate republicans over the weekend, but he also came to the hill last night to sell democrats on the plan some of whom thought there were
. >> good morning, and happy new year. we begin with breaking news on the fiscal cliff. the senate approved the last-minute deal overnight, barely missing the deadline. the house could vote on it today. nancy cordes is on capitol hill with more this morning. nancy, good morning to you. >> reporter: good morning to you, terrell. happy new year. well there is one major hurdle left for this fiscal cliff deal that, is a vote later today in the house of representatives, perhaps as early...